$3,099,000

Commercial For Sale In Qualicum Beach, British Columbia

$3,099,000

Property Information:

ATTENTION INVESTORS!Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income.A hard-to-find investment with strong revenue potential and multiple income streams.All measurements are approximate and should be verified if important.

Property Features:

  • Annual Tax Amount: $10,540
  • Business Type: Accommodation
  • Lot Frontage: 57499.2 Square Feet
  • Lot Size: 1.32 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use

Courtesy of: Royal LePage Nanaimo Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.